Nottingham Forest has renamed its academy after former owner Nigel Doughty who died of a heart attack in February.
The new owners, the Kuwait-based Al-Hawasi family, decided to honour Mr Doughty after their takeover in July.
Mr Doughty, who died at a gym in his Lincolnshire home, was a lifelong supporter of Nottingham Forest who invested more than £100m in the club.
Mr Doughty's widow Lucy said the move was "an immense honour".
His eldest daughter Helena praised her father for the work he had done in building up the academy.
"We've got such an unbelievable influx of talent and young players who need the opportunities and a place that is this good," she said at the official ceremony.
"We are Nottingham Forest - we deserve an academy which is tip top."
His widow Lucy said: "It's an immense honour, as it was always [Nigel's] passion to contribute to society, and within society to emplace a special force towards the youth."
Nottingham Forest owner Fawaz Al-Hasawi said: "We would like to make this academy succeed in the future - with my family and Nigel Doughty's family working together - to make it bigger and bigger."
The Reds academy has produced Premiership players including Jermaine Jenas, Andy Reid and James Perch.